PSA complete through dates stalled

[Lorewalker]

Originally Posted by BobbyStrawberry

Good for you! That seems to be an increasingly rare experience these days, at least with PSA and SGC...

Yes!!! If ya ask either of the grading companies they will tell you nothing has changed and they are grading the same for years and that it is all due to the submitters' expectations.

[Frank A]

Well, with all the 2022 cards for sale on ebay, somebody is getting cards graded fast as you wait 15 months for your return. How can that be?

[Mike D.]

Originally Posted by Frank A

Well, with all the 2022 cards for sale on ebay, somebody is getting cards graded fast as you wait 15 months for your return. How can that be?

That's easy...they're paying a lot more for the privilege than I am.

[chadeast]

Originally Posted by Frank A

Well, with all the 2022 cards for sale on ebay, somebody is getting cards graded fast as you wait 15 months for your return. How can that be?

There is a thread on Blowout detailing members getting back their $18 July 2022 special submissions now. One month turnaround. Somehow they are cutting the line on the backlog. Lots of unhappy customers over that news, and rightly so.

[Lobo Aullando]

Yeah.

Subjectively expecting something merely approaching objective consistency.

Originally Posted by Lorewalker

Yes!!! If ya ask either of the grading companies they will tell you nothing has changed and they are grading the same for years and that it is all due to the submitters' expectations.

[Aquarian Sports Cards]

Just got back an "Ultra Modern" from Spring 2021 for a consignor. Seven 10's, three 9's and an 8.

[NATCARD]

Just wanted to give another ridiculous PSA update. There value vintage level seems to have been on April 4, 2021 as a complete through date for weeks. I have an order that has been there since March 16, 2021 with an enetered date of April 29, 2021 that has now been in grading for 8 weeks! WOW! I can not wait to get these cards back this year?

[BobbyStrawberry]

I'm amazed how they continue to say "F U" to their customers.

[Bridwell]

I'm in the same boat with NATCARD. Two orders from March 2021 with one stuck in Grading and one stuck in Assembly.

Seems like a lot of newer orders are cutting the line! Definitely not a "first in first out" operation over there.

[Mike D.]

Had a value ($30) submission that arrived at PSA 7/7 and checked in 7/13 of this year just hit QA Check 1, so there is hope that post backlog these things move a bit quicker.

[chadeast]

This was posted on Blowout. July $18 special order graded and assembled in 3 weeks ,now sitting in QA. The theory is that there appears to be little of the backlog left in Grading, and what's left of it is downstream after Assembly. PSA seems to be very close to getting through the 2021 tsunami, if they aren't already there.

7 card economy order
Arrived 7/12/22
Research/ ID 7/19/22
Grading 7/21/22
Assembly 8/9/22
QA1 8/10/22
QA2 8/11/22
Grades 8/15/22 entered shipping stage.

22 card July value order
Arrived 7/12/22
Research/ID 7/19/22
Grading 7/28/22
Assembly 8/3/22
QA 1 8/5/22

[STL1944]

All is ok per the PSA disclaimer on the order page:

Please note: There is no set processing time for each step tracked in the status bar. Please don’t be alarmed if your order remains at a particular step for an extended period. It is due to the current volume of submissions PSA is receiving and processing.

Got it...

[55koufax]

Yesterday I went to PSA and my REP told me they are just about caught up with the early 2021 BULK SUBS.....that said, they still have 225 of mine that were dropped off MAR, 2021. They are almost done, and I p/u'd about 500 others from MAR, 2021 that were recently completed.

He told me PSA made ZERO profit and just breaks even from my MAR 2021 subs and the same type of profit holds true for everyone's last BULK SUBS that got in under $10 per. in early 2021...

Those days are long gone...

[chadeast]

Originally Posted by 55koufax

Yesterday I went to PSA and my REP told me they are just about caught up with the early 2021 BULK SUBS.....that said, they still have 225 of mine that were dropped off MAR, 2021. They are almost done, and I p/u'd about 500 others from MAR, 2021 that were recently completed.

He told me PSA made ZERO profit and just breaks even from my MAR 2021 subs and the same type of profit holds true for everyone's last BULK SUBS that got in under $10 per. in early 2021...

Those days are long gone...

I don't know how that could be true unless their economics have significantly changed in two years. They were happy grading hundreds of thousands of cards bulk at < $10 for many years, and the registry exists because of it. If those days are long gone then the registry's days as the supposed driver of PSA's dominance in the market are going to come to an end as well. And perhaps they realize that and have decided that they are OK with it.

[Snowman]

Originally Posted by 55koufax

He told me PSA made ZERO profit and just breaks even from my MAR 2021 subs and the same type of profit holds true for everyone's last BULK SUBS that got in under $10 per. in early 2021...

Those days are long gone...

I agree that those days are long gone, but I call bullshit on them claiming they can't profit at $10 per card. Graders look at them for less than 1 minutes each, and the aggregate time spend per card for receiving, research, QA, and shipping has to be less than 5 minutes in total for bulk subs, and most likely less than 2 or 3 minutes per card average. There's no scenario whatsoever that this doesn't cover their costs.

[NATCARD]

(3) PSA orders all shipped in the same package
All arrived on August 22nd
3 cards at Economy level entered on the 30th in grading
2 cards at the express level entered on the 29th in research
1 card at regular service entered on the 29th in grading
A guess paying more for higher $$ cards and quicker speed is irrelevant!
Jeff Weisenberg

[Lorewalker]

There is a PSA Order Tracker thread on blowout that I follow. Presently there has to be ZERO internal controls on the order processing. My guess is that graders are just walking into the areas where orders are stored and just randomly grab orders to process.

Not a huge fan of SGC's at this time, but for whatever the reason, there are no delays there and they process submissions in the order they receive them.

Clearly PSA's pissing off and frustrating submitters has not hurt their business in the least and may very well be contributing to their success. Stockholm syndrome for the PSA faithful. Honestly it is a horribly run company and the present management has no better handle on it than the previous.

[NATCARD]

Wow, pretty much all I can say. 62 cards at the express level of $150 per card and they are finally graded and on their way back. Oh, by the way (6 upcharges) toalling $1500 more on the orginal bill! I will post the Carolina Brights grades on the other thread. thanks, Jeff W

[BobbyStrawberry]

Originally Posted by NATCARD

Wow, pretty much all I can say. 62 cards at the express level of $150 per card and they are finally graded and on their way back. Oh, by the way (6 upcharges) toalling $1500 more on the orginal bill! I will post the Carolina Brights grades on the other thread. thanks, Jeff W

So, almost $11k to grade 62 cards?

[NATCARD]

yes $150 per card with an upcharge to $300 on 5 and $600 on another!

[BobbyStrawberry]

Originally Posted by NATCARD

yes $150 per card with an upcharge to $300 on 5 and $600 on another!

Wow! That's quite a price tag. Out of curiosity, are you grading these to sell, or are they staying in your collection?

[NATCARD]

This is the Carolina Brights Back T206 find that we are currently in the process of auctioning (November 16, 2022) Central Mass Auctions.